https://www.taxtmi.com/caselaws?id=341381 The tribunal dismissed the appeal filed by the assessee, upholding the decisions of the lower authorities on all three issues. The addition of unexplained investment in the firm was partly allowed, with a deletion of Rs. 5,00,000 and sustaining of Rs. 1,00,000. The disallowance of agricultural income was upheld due to lack of evidence of agricultural activity. The estimation of interest on a term deposit in the bank was also upheld, with the addition of Rs. 10,500 to the assessee's income. en-us Tue, 28 Mar 2017 00:00:00 +0530 Fri, 07 Apr 2017 08:05:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341381 The tribunal dismissed the appeal filed by the assessee, upholding the decisions of the lower authorities on all three issues. The addition of unexplained investment in the firm was partly allowed, with a deletion of Rs. 5,00,000 and sustaining of Rs. 1,00,000. The disallowance of agricultural income was upheld due to lack of evidence of agricultural activity. The estimation of interest on a term deposit in the bank was also upheld, with the addition of Rs. 10,500 to the assessee's income. Case-Laws Income Tax Tue, 28 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341381